NZ dollar gains on deeper relationship with China

Mon, 27 Mar 2017

By Rebecca Howard March 27 (BusinessDesk) - A series of cooperation deals inked between New Zealand Prime Minister Bill English and China Premier Li Keqiang gave the kiwi dollar a lift, despite jitters after US president Donald Trump failed to win enough support to repeal and replace the Affordable Care Act known as Obamacare. The kiwi rose to 70.45 US cents as at 5pm in Wellington from 70.23 US cents as at 8am and 70.27 cents in late New York trading on Friday. The trade-weighted index was unchanged at 76.26. OMF private client advise...

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